TAJ Bank Hit by Fresh ₦957 Million Glitch, Drops Legal Action Against 26 Banks and Fintech Firms
Abuja, July 25, 2025 – TAJ Bank has suffered a fresh system error resulting in the wrongful transfer of ₦957 million and has now withdrawn its earlier legal suit filed to recover the funds from 26 commercial banks and financial technology companies. The new financial glitch, which occurred amid ongoing efforts to resolve earlier reversals,